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2022
Flag → Flag
Exports $228MRnk 33 / 185
2022
Flag → Flag
Top Product $89.5MOther Nuts
2022
Flag → Flag
Exports $575MRnk 72 / 219
2022
Flag → Flag
Top Product $70.1MRaw Iron Bars
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Chile-Turkey Trade: In 2022, Chile exported $228M to Turkey. The main products that Chile exported to Turkey were Other Nuts ($89.5M), Refined Copper ($34.8M), and Copper Ore ($27.3M). Over the past 5 years the exports of Chile to Turkey have decreased at an annualized rate of 8.55%, from $356M in 2017 to $228M in 2022.

In 2022, Chile did not export any services to Turkey.

Turkey-Chile Trade: In 2022, Turkey exported $575M to Chile. The main products that Turkey exported to Chile were Raw Iron Bars ($70.1M), Delivery Trucks ($53.7M), and Coal Briquettes ($41.7M). Over the past 5 years the exports of Turkey to Chile have increased at an annualized rate of 11.4%,  from $300M in 2017 to $575M in 2022.

In 2022, Turkey did not export any services to Chile.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Latest Trends

June, 2024

About

Overview In June 2024, Chile exported $10.6M and imported $7.57M from Turkey, resulting in a positive trade balance of $3.03M. Between June 2023 and June 2024 the exports of Chile have decreased by $-6.39M (-37.6%) from $17M to $10.6M, while imports decreased by $-2.39M (-24%) from $9.95M to $7.57M.

Trade In June 2024, the top exports of Chile to Turkey were Other Nuts ($5.62M), Fish oil ($2.9M), Processed Crustaceans ($1.1M), Dried Fruits ($767k), and Other Vegetable Oils ($748k). In June 2024 the top imports of Chile from Turkey were Liquid Pumps ($1.77M), Monofilament ($741k), Valves ($513k), Packaged Medicaments ($438k), and Motor vehicles; parts and accessories (8701... ($402k).

Origins In June 2024 the exports of Chile were mainly from Santiago ($1.3M), Buin ($1.13M), Vitacura ($1.08M), San Bernardo ($817k), and Providencia ($702k), while imports destinations were mainly Renca ($1.91M), Santiago ($1.36M), Las Condes ($1.34M), Lo Barnechea ($792k), and Lo Espejo ($586k).

Growth In June 2024, the decrease in Chile's year-by-year exports to Turkey was explained primarily by an decrease in product exports in Fish oil ($-570k or -16.4%). In June 2024, the decrease in Chile's year-by-year imports  from Turkey was explained primarily by an decrease in product imports  in Other Firearms ($-1.31M or -99.7%), Iron Pipe Fittings ($-408k or -94%), and Chocolate ($-341k or -50.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$-6.39M(-37.6%)
IMPORT GROWTH (June 2023 - June 2024)$-2.39M(-24%)
MAIN EXPORTER (June 2024)Santiago$1.3M

This section shows exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Chile over time.

To check Turkey and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turkey and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $228M to Turkey. The main products exported from Chile to Turkey were Other Nuts ($89.5M), Refined Copper ($34.8M), and Copper Ore ($27.3M). During the last 5 years the exports of Chile to Turkey have decreased at an annualized rate of 8.55%, from $356M in 2017 to $228M in 2022.

In 2017, Turkey exported $575M to Chile. The main products exported from Turkey to Chile were Raw Iron Bars ($70.1M), Delivery Trucks ($53.7M), and Coal Briquettes ($41.7M). During the last 5 years the exports of Turkey to Chile have increased at an annualized rate of 11.4%, from $300M in 2022 to $575M in 2017.

Exports from Chile (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Turkey
Top DestinationGermany$21.9B

This map shows whether countries import more from Chile or Turkey. Each country is colored based on the difference in imports they receive from Chile and Turkey or the difference in the growth in imports.

In 2022, countries that imported more from Chile than Turkey included China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

In 2022, countries that imported more from Turkey than Chile included Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

Difference in imports from Turkey (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - Turkey

Flow
Scale

This chart compares trade between Chile and Turkey by product, considering products traded by both, Chile and Turkey.

During 2022, Chile had a large net trade with Turkey in the exports of Vegetable Products ($98.9M), Metals ($35.6M), and Animal and Vegetable Bi-Products ($27.3M).

During 2017, Turkey had a large net trade with Chile in the exports of Metals ($155M), Transportation ($112M), and Machines ($79.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Turkey+$45.5MRefined Copper
Top Product Potential Turkey Chile+$25.8MDelivery Trucks

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chile and Turkey. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Chile.

Product Space of Chile (Flag) and Turkey (Flag) (2022)

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